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GRANDSART

Active
Public limited companyfounded 2000active for 25 yearsKunstlaan 24, 1000 Brussel, BelgiumKBO/BCE: BE 0473.532.224
Summary

GRANDSART has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €881,040 and a net result of €106,760. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 34% of 690 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Residential care activities
NACE 87302
2 sites
Size
€3.1mtotal assets 2025
Staff
6.5 FTE
Equity
€881,040
Profit
€106,760
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 45 days early1 of 13 deeds read
Why 87raises riskLiquidity: current ratio 0.14, cash €63,700Size: 6.5 FTE, total assets €3.1mlowers riskSector: Residential care activities (NACE 87)Figures for financial year 2025 (filed 19-03-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 87, micro)
Financial strength · tick = 2024
Average
Solvency 54+4
equity 28.5% of total assets
Liquidity 37-3
short-term debt 34.9% · cash 2.1%
Profitability 65-9
return on assets 3.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (253 companies, NACE 87, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.3%▲ +0.1 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.4%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%▼ -0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.4%▲ +0.1 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026highest value 04-2026: 0.2%▼ -0.2 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.14, compared with 0.11 in 2024; short-term debt: 34.9% and cash: 2.1% of total assets), and 71.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 87, micro): better than 43% on solvency, 25% on liquidity, 44% on profitability and 71% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.14, cash €63,700
NBB · annual accounts
lowers risk · Sector: Residential care activities (NACE 87)
KBO
lowers risk · Figures for financial year 2025 (filed 19-03-2026)
NBB · annual accounts
raises risk · Size: 6.5 FTE, total assets €3.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
50 days early
2023
21 days early
2022
44 days early
2021
44 days early
2020
36 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 37 days before the deadline; the sector median (NACE 87) for financial year 2024 is 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 17 March (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Valérie ROUSSEAU (director) and Cyrille…Gazette deed
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €106,760 7 years View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€3.1m
Profit
€106,760
Solvency
28.5%
Turnover
Net result
20202023
Go to Financials

Timeline

Events
29
Since
2002
Next accounts
by 30-04-2027
  1. 09-04-2024Annual accounts filed
  2. 17-03-2023Annual accounts filed
  3. 30-09-2022Equity above €500,000
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Residential care activitiesNACE 87302
Founded
15-12-2000
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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